Business Services Industry
Riverbed Announces Systems Integration Agreement With HP
Business Wire, Feb 13, 2007
Agreement Aligns Riverbed's Value to HP Network Solutions
SAN FRANCISCO -- Riverbed Technology, Inc. (NASDAQ:RVBD), the performance leader in wide-area data services (WDS), announced an agreement to make its WDS solutions available worldwide as part of the HP portfolio of networking services. The terms of the agreement enable Riverbed's complete family of WDS solutions, including its Steelhead[R] appliance and Interceptor[TM] product lines, to be integrated with HP networking services.
"Riverbed can now access HP's broad market reach, technical competence and strong customer loyalty to extend the value proposition we provide to customers," said Dave Peranich, senior vice president, worldwide sales at Riverbed[R]. "Strengthening our companies' existing relationship, this agreement builds a foundation for faster time-to-market with the integrated solutions."
Riverbed's wide-area data services (WDS) solutions enable distributed organizations of all sizes to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between distributed sites by five to 50 times, and in some cases up to 100 times, Riverbed's award-winning Steelhead WDS appliances enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. To learn more, view Riverbed's demo: www.riverbed.com/pr/jack.
> "Riverbed's Steelhead appliances complement HP's branch office consolidation and data center replication solutions," said Brian Brouilette, vice president, technology services mission critical, networking and education services at HP. "As a result of this agreement, HP customers can get complete network design, implementation, and support services for their Riverbed products."Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, and statements relating to Riverbed's ability to meet the needs of distributed organizations, grow market share or grow the market as a whole. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; shortages or price fluctuations in our supply chain; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Riverbed's business are set forth in our Form 10-K filed with the SEC on February 9, 2007. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
About Riverbed
Riverbed Technology is the performance leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (Nasdaq:RVBD) is available at www.riverbed.com.
Riverbed Technology, Riverbed, Steelhead, RiOS, Interceptor and the Riverbed logo are trademarks or registered trademarks of Riverbed Technology, Inc. All other trademarks used or mentioned herein belong to their respective owners.
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